For the past four years, the Greater Manhattan Community Foundation (GMCF) has sponsored a fundraiser for community nonprofit groups called Grow Green. The event takes place on Earth Day each year (April 20 this year). Thanks to a very generous member of the community, donations made on April 20 to the GMCF accounts for churches and other organizations receive a 50% match. For example, your donation to the First Congregational Church’s account at GMCF goes into the principal of an endowed fund held by GMCF, but the 50% match is immediately available to the church. Please be aware that your donation to Grow Green is an additional gift to the church and is unrelated to any pledge you may have made toward the church’s annual budget.
You can go to the Grow Green website to find out more. If you click on the “How It Works” tab on the webpage, you will see that there are some restrictions. For example, the 50% match applies only to donations from $25 to $1000, and there are some additional rules that apply to donations made to two or more organizations through Grow Green.
As in previous years, the 50% match funds will go into the church’s annual budget in the budget line labeled “fundraising.” The endowed accounts at GMCF also support the church budget, in that a return of 4% annually is made available to the church for immediate use. These returns are considered part of the annual contribution of the investments to the church budget.
Please consider a gift to the church through the Grow Green event on April 20. You can do it in person at the Colony Square atrium or remotely from your computer. If you do it in person, your name goes into a hat for a drawing each hour for a $100 door prize that goes to your chosen organization. The church has benefitted from the door prize in each of the past two years.